NJ > Newark
Newark, NJ 07103,492 Springfield AVE
Newark, NJ 07103,492 Springfield AVE
Newark, NJ 07103,492 Springfield AVE
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$950,000
Est. payment /mo
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6 Beds
2.5 Baths
Active

492 Springfield AVE Newark, NJ 07103

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24038454

Style 2 Family

Bedrooms 6

Full Baths 2

Half Baths 1

Annual Tax Amount $12,000

Property Sub-Type 2 Family

Property Description

Prime Mixed-Use Opportunity on Springfield AvenueWelcome to 492 Springfield Avenue, Newark, NJ a versatile mixed-use property offering a perfect blend of commercial potential and residential income. This well-positioned building features two spacious apartments, each boasting 3 bedrooms and 1 bath, with separate utilities for convenience and flexibility. The ground-level commercial space is ideal for retail, office, or service businesses, benefiting from high visibility on a bustling thoroughfare in the vibrant West Side neighborhood. With its proximity to public transportation, schools, shops, and other amenities, this property is a magnet for both tenants and customers. Situated in an area of growth and development, it presents a unique opportunity for investors, business owners, or those seeking a live-work space. Don't miss your chance to own a high-potential property in the heart of Newark!

Location

State NJ

County Essex

Area Newark

Rooms

Basement Unfinished

Interior

Heating Gas, Multi-Zone

Fireplaces Type None

Laundry In Unit

Exterior

Exterior Feature Vinyl

Parking Features O/See Remk

Utilities Available O/See Rmks

Waterfront Description None

View None

Building

Lot Description Irregular

Others

Ownership Corporate

Miscellaneous None

New Jersey (NJMLS-RETS)
Listed by Signature Realty NJ LLC

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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